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DealBook: British and U.S. Regulators Fine Big Banks $3.16 Billion in Foreign Exchange Scandal

DealBook: British and U.S. Regulators Fine Big Banks $3.16 Billion in Foreign Exchange Scandal


DealBook: British and U.S. Regulators Fine Big Banks $3.16 Billion in Foreign Exchange Scandal

Posted: 12 Nov 2014 01:18 AM PST

The fines, large by European standards, come as regulators are increasingly targeting problems within the financial industry that they claim encouraged improper conduct by the sector's employees.






Afghan Elections Cited as Factor in Record Levels of Opium Production

Posted: 12 Nov 2014 12:48 AM PST

United Nations officials blamed at least part of the increase on politicians' need for campaign cash during the protracted election season.

Sinosphere Blog: U.S. and China Bid for Tourism With Expanded Visa Deal

Posted: 11 Nov 2014 08:58 PM PST

President Obama announced the reciprocal agreement between the two countries, saying that students could receive five-year visas, while tourists and business travelers could be granted 10-year visas.






U.S. and China Reach Climate Deal After Months of Talks

Posted: 11 Nov 2014 07:40 PM PST

The deal between the nations, the world's No. 1 and No. 2 carbon polluters, is viewed as essential to concluding a new global accord on climate change.






Beverly Hills Journal: Hitting at Heart of Hollywood, the Palm Takes Down Its Stars

Posted: 11 Nov 2014 06:43 PM PST

The restaurant, known for featuring celebrity caricatures, is opening at a new location in Beverly Hills, and leaving its famous portraits behind.

Fearing Bombs That Can Pick Whom to Kill

Posted: 11 Nov 2014 06:01 PM PST

Weapons that rely on artificial intelligence to decide what to target could become increasingly difficult to control, critics warn.

A Leaderless Palestinian Revolt Proves More Difficult to Curb

Posted: 11 Nov 2014 05:30 PM PST

With no peace process to speak of and a political leadership that lacks the public's confidence, Palestinians described the emergence of a smoldering, improvised intifada.






A Comet Hunter Comes In for a Landing

Posted: 11 Nov 2014 05:09 PM PST

The Rosetta spacecraft's Philae lander must contend with rocky terrain as it attempts to touch down on Comet 67P/Churyumov-Gerasimenko.

U.N. Seeks a More Nimble Response to Ebola in Africa

Posted: 11 Nov 2014 04:39 PM PST

The organization has struggled to keep up with the spread and decline of the disease in specific localities.






Chief Defends Spotify After Snub by Pop Star

Posted: 11 Nov 2014 03:30 PM PST

The decision by Taylor Swift to remove her entire catalog from Spotify has intensified a debate over royalties paid by streaming music services.






Critic’s Notebook: The DOC NYC Film Festival Returns

Posted: 11 Nov 2014 03:01 PM PST

In the DOC NYC nonfiction film festival, honesty and truthfulness are often in conflict with painful images on which people would rather not dwell.

Landing on a Comet: Inside Rosetta Orbiter’s Philae Landing Mission

Posted: 11 Nov 2014 02:40 PM PST

Joel W. Parker, a planetary scientist at the Southwest Research Institute, answers questions about putting a 220-pound lander on a comet.

News Analysis: Xi’s Rapid Rise in China Presents Challenges to the U.S.

Posted: 11 Nov 2014 02:04 PM PST

President Xi Jinping has bold ambitions at home and abroad and sees China as a peer of the United States.

Books of The Times: '41,' George W. Bush’s Portrait of George H. W. Bush

Posted: 11 Nov 2014 01:59 PM PST

In "41," former President George W. Bush gives an affectionate portrait of his father.

A Tribute to Veterans at Attack Site in Ottawa

Posted: 11 Nov 2014 01:56 PM PST

The killing of two Canadian soldiers last month, including one at the National War Memorial, brought out crowds not seen in decades at Canada's annual Remembrance Day service.

Argentina’s Feeder System Drains Talent From Nation’s Top Division

Posted: 11 Nov 2014 01:54 PM PST

A result of exporting so many players — more than 2,700 Argentines now play in foreign leagues — is that club soccer in the South American nation is blighted by a lack of continuity.

Russia Reaches Deal With Iran to Construct Nuclear Plants

Posted: 11 Nov 2014 01:52 PM PST

The agreement to supply civilian power technology shows that Russia is pressing ahead with its own vision for ensuring that Iran does not build nuclear weapons.

T Magazine: Hollywood on the Tiber

Posted: 11 Nov 2014 01:30 PM PST

What could be more melancholic, extravagant, alienated, operatic and deeply strange than Italian film? Try turning Italian film into a theme park.

12 Women Die After Botched Government Sterilizations in India

Posted: 11 Nov 2014 01:07 PM PST

Dozens more were ill after surgical sterilizations at a government-run camp, where some women are paid in an effort to control population growth.






U.S. Bishops Struggle to Follow Lead of Francis

Posted: 11 Nov 2014 12:45 PM PST

American bishops meeting in Baltimore say they can feel change rattling the church hierarchy even if they do not yet understand where the pope is leading them.

State of the Art: In Net Neutrality Push, Internet Giants on the Sidelines

Posted: 11 Nov 2014 12:27 PM PST

Companies like Facebook and Google have stayed away from mobilizing their users to support an issue that primarily affects smaller Internet upstarts.

Music Review: Leipzig Gewandhaus Orchestra at Avery Fisher Hall

Posted: 11 Nov 2014 12:10 PM PST

The play of the Leipzig Gewandhaus Orchestra's string section contrasted sharply with its winds and brasses on Sunday and Monday at Avery Fisher Hall.

Court Lets E.U. Nations Curb Immigrant Welfare

Posted: 11 Nov 2014 11:52 AM PST

The European Court of Justice, hearing the case of a Romanian migrant in Germany, ruled that member nations may withhold benefits to immigrants from other, usually poorer, member nations.






Global Soccer: Memories Are Forever, but Owning a Medal Isn’t for Some Soccer Legends

Posted: 11 Nov 2014 11:44 AM PST

Jimmy Greaves is the latest player from England's 1966 World Cup-winning team to put his medal up for auction.

At Afghan Border, Graft Is Part of the Bargain

Posted: 11 Nov 2014 11:26 AM PST

Afghan and foreign officials say that corruption can no longer be described as a cancer on the system: It is the system.

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